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Re: Militia Man post# 178221

Thursday, 07/07/2011 8:53:27 AM

Thursday, July 07, 2011 8:53:27 AM

Post# of 221855
RocketMan: I would not be one bit surprised to learn that there are several entities including various brokerage firms, the DTCC, etc. pleading with regulators not to revoke FFGO. Since FFGO has clearly stated their intentions to have liquidating dividends a revocation would force those A's & B's to be distributed in certificate form. There is precedent for this happening and the DTCC emptied its vaults and ordered its member firms to remove all shares from the DTCC. Chaos erupted and certificates were delivered free of charge via Federal Express to all shareholders.
There is lots more to that story but somehow I don't think that anyone who is short wants to ever see that happen again. Go FFGO!!!

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